International Commodity Prices, Macroeconomic Performance and Politics in Sub-Saharan Africa
AbstractThis study loods at the experience of Sub-Saharan Africa in dealing with commodity-price variability and discusses whether poor macroeconomic results should be attributed to the inherent difficulty of predicting commodity-price fluctuations, or, rather, to flawed internal political and fiscal arrangements. In an attempt to establish the facts and to cast light on some of the mechanisms, it examines pan-African econometric evidence on the effects of commodity-price fluctuations on national output and its components.
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Bibliographic InfoArticle provided by Centre for the Study of African Economies (CSAE) in its journal Journal of African Economies.
Volume (Year): 5 (1996)
Issue (Month): 3 (October)
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Other versions of this item:
- Deaton, A-S & Miller, R-I, 1995. "International Commodity Prices, Macroeconomic Performance, and Politics in Sub-Saharan Africa," Princeton Studies in International Economics 79, International Economics Section, Departement of Economics Princeton University,.
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- N17 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Africa; Oceania
- N27 - Economic History - - Financial Markets and Institutions - - - Africa; Oceania
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